Saving Money Withdraw Savings

Live a little, spend a little!

Members can withdraw their savings at any time (subject to seven days notice, larger withdrawals may take longer and provided that the member's savings aren't securing their loan).  Sometimes, members may not wish to withdraw their savings, but instead may wish to take out a loan with repayments suited to meet the member's financial circumstances.  This way members may benefit from earning a dividend on their savings; maintain their creditworthiness and may continue to benefit from the Credit Union's FREE life savings insurance policy (certain restrictions apply).

If it is neccessary for savings to be withdrawn, members can complete and return the Share Withdrawal Form to the Main Office where a cheque can be issued to the member, funds can be transferred electronically to another bank or building society account, or arrangements can be made for a cheque to be cashed at the nominated Post Office in town. (Suitable identification will be required and a small charge will apply).